Taxation of Businesses 2

By the end of the course participants will have a better understanding of current rules regarding both unincorporated and corporation tax computations.

The course is structured around a corporate case study and participants will gain an understanding of:

Changing provisions for a company - calculation of total taxable profits

Periods of account and accounting periods

Payment of corporation tax

The implications of overdrawn directors loan accounts

Who should take the course

This course is aimed at staff who have worked between 12 and 24 months in the profession and require a better understanding of the calculation of taxable profits and corporation tax for the corporate client.

It builds on the theory covered in Taxation of Businesses 1 and knowledge of trading profits and capital allowances is assumed.